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v3.25.1

Condensed Consolidated Statements of Stockholders’ Equity (Deficit) - USD ($) $ in Thousands | Total | Common Stock | Additional Paid In Capital | Accumulated Other Comprehensive Income (Loss) | Accumulated Deficit
--- | --- | --- | --- | --- | ---
Beginning balance (in shares) at Dec. 31, 2023 |  | 57,820,621 |  |  |
Beginning balance at Dec. 31, 2023 | $ (20,689) | $ 1 | $ 538,716 | $ (427) | $ (558,979)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |
Issuance of common stock upon follow-on offering, net of issuance costs (in shares) |  | 3,554,000 |  |  |
Issuance of common stock upon follow-on offering, net of issuance costs | 46,794 |  | 46,794 |  |
Issuance of common stock in connection with the incentive equity plan (in shares) |  | 899,411 |  |  |
Issuance of common stock in connection with the incentive equity plan | 487 |  | 487 |  |
Stock-based compensation | 5,090 |  | 5,090 |  |
Net loss | (13,109) |  |  |  | (13,109)
Other comprehensive (loss) income | (130) |  |  | (130) |
Ending balance (in shares) at Mar. 31, 2024 |  | 62,274,032 |  |  |
Ending balance at Mar. 31, 2024 | $ 18,443 | $ 1 | 591,087 | (557) | (572,088)
Beginning balance (in shares) at Dec. 31, 2024 | 63,497,548 | 63,497,548 |  |  |
Beginning balance at Dec. 31, 2024 | $ 5,522 | $ 1 | 615,825 | (905) | (609,399)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |
Issuance of common stock in connection with the incentive equity plan (in shares) |  | 951,272 |  |  |
Issuance of common stock in connection with the incentive equity plan | 734 |  | 734 |  |
Stock-based compensation | 5,966 |  | 5,966 |  |
Net loss | (18,892) |  |  |  | (18,892)
Other comprehensive (loss) income | $ 66 |  |  | 66 |
Ending balance (in shares) at Mar. 31, 2025 | 64,448,820 | 64,448,820 |  |  |
Ending balance at Mar. 31, 2025 | $ (6,604) | $ 1 | $ 622,525 | $ (839) | $ (628,291)

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